Skip to Primary Navigation

FinCEN analysis flags $17.5bn in suspected healthcare fraud

A photo of US Treasury Secretary Scott Bessent speaking in front of a podium with his hands up in the air.
US Treasury Secretary Scott Bessent. Photo: Alex Wong/Getty Images

Bank Secrecy Act data points to about $17.5 billion in suspicious activity potentially tied to healthcare fraud.

Approximately $17.5 billion in suspicious financial activity that may be linked to healthcare fraud has been identified by the US Treasury’s Financial Crimes Enforcement Network (FinCEN) in a new Financial Trend Analysis.

FinCEN said the findings, which are based on information reported through the Bank Secrecy Act framework, are intended

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience